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Investment $ 40,000,000 LGDisplay built solar cell production

6 Yue 16 news, the worlds second-largest liquid crystal display (LCD) manufacturer LGDisplay today announced that South Korea will invest 50 billion won (U.S. $ 39,500,000), in the second half of this year to establish its thin film solar cell production line. P>

LG Display, said Chung In-jae, chief technology officer, the company has a thin film transistor liquid crystal display (TFT-LCD) production line, so have the ability to expand into thin film solar cell manufacturing business. P>

Estimated according to market research firm NanoMarkets, thin film solar cell market will be 4.6 billion dollars in 2011 to 2015, significantly extended to 14 billion U.S. dollars. P>